To The Moon

Summary Atlas Energy Solutions Inc. is a locally sourced producer of high-grade sand for fracking and is introducing a step-change in last mile sand logistics with the Dune Express conveyor belt. Analysts have a bullish outlook for Atlas, with estimates for Q4 EPS slightly above Q3's and estimates for Q2 and Q3 2024 showing an increase. Atlas has several advantages, including the Dune Express conveyor belt, access to the Pecos aquifer for sand mining, and efficient last mile logistics using triple-trailers. We like Atlas, but are hoping for a slightly better price, so it's a hold at present. alvarez Introduction The case for Atlas Energy Solutions Inc. (NYSE:AESI) is not complex. The company is a locally sourced producer of high gra

Summary Kosmos Energy is currently trading at a discounted price, making it an optimal entry point for investors. The company's core thesis is the impending startup of the Greater Tortue Ahmeyim-GTA project offshore Senegal and Mauritania. Kosmos Energy has taken a 90% stake in the Yakaar-Teranga-Y&T field, which is expected to be larger than GTA and has strong market potential. We rate KOS as a strong buy at current prices but may look for a slightly better entry point, given present market conditions. Santa...Pssst. I'd like a full position in Kosmos Energy in my stocking. AlexRaths/iStock via Getty Images Introduction In my view, we are being given a gift by the market's current disdain for everything related to oil or gas. Burgeoning supplies of oil and gas, combined with demand

Summary Dril-Quip, Inc. is a company focused on complementary operations and sales items in deepwater, carbon capture, and offshore wind farms. The company's stock is at a recent low after missing on the bottom line in the recent quarter. Dril-Quip has a long runway for growth and may be a buy at current levels, especially if there is a major upcycle in offshore operations that we anticipate. We are calling a buy on Dril-Quip, Inc. at current levels for risk-tolerant investors. CHBD Introduction We haven't written up Dril-Quip, Inc. (NYSE:DRQ) previously, and that's a regrettable oversight on our part. It's a company with which I used to be very familiar due to their focus on deepwater connectors and liner hangers...the bits and bobs t

Summary Comstock Resources stock is down 20% due to warmer weather and high gas storage levels. New LNG plants set to open in 2024-2026 will create new demand for gas. The future investment case for Comstock Resources depends on higher gas prices and potential catalysts in the Haynesville region. CRK is in the buy zone at current prices. viafilms/iStock via Getty Images Introduction Comstock Resources (NYSE:CRK) is down 20% this month, following a decline back to the low-3's for Natty. Warmer weather and the prospects of more of the same, just crushed the stock. Then there are the relentless injections into gas storage, nearing what some call tank-top, with the addition of another 60 BCF la

Summary Patterson-UTI Energy has positioned itself for growth with strategic transactions and attractive free cash flow yield. Positive drivers are emerging for drilling to recover in the macro market, potentially leading to better times for the company. Patterson-UTI Energy's acquisitions and market position make it a solid investment case for long-term growth and moderate to increasing income. We rate Patterson-UTI Energy stock as a buy at current levels for investors with a healthy tolerance for risk. vvvita Introduction Patterson-UTI Energy (NASDAQ:PTEN) has revamped itself with two strategic transactions closed over the summer that could position it for growth in the coming year. The company is trading an attractive free cash f

Summary Enbridge's $14 billion acquisition has caused investors to abandon the stock, leading to a yield of over 8%. The gas market has experienced a solid gain, and if maintained, it could lead to enhanced profitability in the industry. Enbridge's move into the regulated utility space increases their utility base rate business and diversifies the company. ENB stock is a buy at current levels. jcamilobernal/iStock Editorial via Getty Images Introduction There's nothing like investing in diversifying assets to crash the price of a pipeline stock. The ink wasn't dry on my last article... hardly, before Enbridge (NYSE:ENB) management went and "D

Summary The new Shell plc CEO, Wael Sawan, has taken a more realistic approach to the energy transition, acknowledging the ongoing need for oil and gas. Shell's focus on gas and deepwater markets, as well as its low breakeven costs, position the company well for future success. Shell's presence in EV charging and potential offshore reserves in Namibia could serve as catalysts for growth. Shell stock is a buy at current levels. alexei_tm/iStock via Getty Images Introduction One of the first articles I authored in Seeking Alpha was on Shell plc (NYSE:SHEL, OTCPK:RYDAF). It was a natural for me to cover the company, as I had worked closely with them for many years. To say I was a fan is

Summary Occidental Petroleum Corporation stock is trading sideways to down despite high oil prices and tepid analyst ratings. The company has been working to repair its balance sheet and has raised its dividend and implemented a share repurchase plan. Occidental's investment in carbon capture technology and potential revenue from carbon credits could be a catalyst for the company. We think Occidental Petroleum Corporation stock is a Hold above $60, but would add to our position in the middle $50s. Petmal Introduction It's no secret. Shale companies are on a plateau, trading sideways to down from recent highs right now. Even with the price of WTI touching highs not seen in almost a year, many of the shale names are acting toppy. Our subject this week is Occidental Petroleum Corporation

wwing Introduction Crew Energy Inc. (OTCQB:CWEGF) is a Canadian gas-oriented producer that we last wrote up with a strong buy in the low $3's in February, noting however the macro environment for gas might make growth difficult over the short haul. That's still true, but there are some catalysts with a 3-6 month timeline that could change the story. Crew Energy price chart (Seeking Alpha) That wasn't a bad call, as the company has rallied to the upper-$4's, before making a slight pullback. Analysts are

Hmmm...need a permit, hunh? I know a guy...but, it's gonna cost ya. Ugur Karakoc/E+ via Getty Images Introduction There is a good bit of churn in the marginal LNG space. When I say marginal, I mean plants that are not likely to be up and running until the latter part of this decade, or early in the next decade. (You got that pun, didn't you? Old mud engineers can't resist a pun.) NextDecade Corporation's (NASDAQ:NEXT) Rio Grande proposed facility in Brownsville, fits neatly into that category, as does Tellurian's (TELL), Driftwood plant south of Lake Charles, and Energy Transfer's (ET) Lake Charles LNG. They are all swimming upstream engage